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4vir4ik [10]
3 years ago
6

Third-Party Woes. Trudy owed Sam $40 for a book she purchased from him. Trudy mowed Betty's yard for $40 and agreed with Betty t

hat Betty would pay Sam for the book. Sam is not initially aware of the agreement. Betty pays no one. Trudy also mowed Bob's yard for $40 in return for Bob's agreement to give the payment to Sally representing Trudy's birthday present to Sally. Bob later refuses to do so saying that promises to give gifts are not enforceable. He then moves out of town. Trudy tells both Sam and Sally that she is broke, that Sam needs to get his $40 for the book from Betty, and that Sally is owed $40 from Bob for her birthday present. What type of third-party beneficiary is Sally?
Business
1 answer:
Blizzard [7]3 years ago
6 0

Answer:

Refer below.

Explanation:

Answer is intended both & Done.

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It should be noted that the inefficient allocation if resources is market failure.

<h3>What is market failure? </h3>

It should be noted that market failure simply means the inefficient distribution of goods and services.

Market failure is the the inability of a market to bring about the allocation of resources that best satisfies the wants of society.

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Smaller bags of items are generally priced lower per unit than larger bags.
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The simplicity of the metric system lies in the relationship of the expression of quantity (how much) based on the number ? .
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2 years ago
A strategy where an organization sets a high initial price, often targeted at early adopters, is a ________.
Crank

Answer:

correct answer is skimming price strategy

Explanation:

solution

the correct answer is Price skimming price strategy because  

it is product pricing strategy in which company charge the initial price as highest and after then lower it over the time as that 1st customer demand will satisfy and competition entry in market but company lower the price value of the product to more attracting another customer with more price value as a sensitive segment of population  

so here correct option is skimming price strategy

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3 years ago
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Straight-line depreciation is a popular depreciation process in which the value of a fixed asset slowly declines over its useful life.

Straight line depreciation is the default method used to slowly reduce the amount of a fixed product over its useful life.

Divide the estimated useful life (in years) into 1 to arrive at the straight-line depreciation rate.

Multiply the depreciation rate by the asset cost (less salvage value).

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